Introduction
This report is most appropriate for companies looking for an overview of the
life insurance and pensions markets in order to assess the level of market
opportunity (using our market data and forecasts), regulatory barriers and
opportunities, and level of competition in the market. For more detailed
market data please refer to Datamonitor' s European Life and Pensions
Interactive Database 2006.
Scope
- Presents competitor market data for life insurance and pensions companies;
- Assesses regulatory barriers and opportunities;
- 5 years historic data from 2001-5 and 5 year forecast to 2010.
Report Highlights
The updated separation requirement for life insurance companies mandates that
life companies maintain a separation between the assets and liabilities
attributable to operations involving occupational pension insurance and those
involving their other operations.
While not yet on the Swedish legislative agenda, the regulator has been vocal
on the issue of the right of transfer for savers in pension insurance
policies. This right is currently assured with new insurance contracts only.
However, Finansinspektionen is concerned that it be available for all
policies, both new and existing.
The EC is expected to publish its formal proposal for a Framework Directive on
Solvency 2 by July 2007; however in 2006, FI implemented the traffic light
model for supervision of insurance companies. This measures their exposure to
financial risk, with a view to ensuring that they can meet their commitments.
Reasons to Purchase
- Get an overview of the life and pensions market, including past growth and
forecast growth;
- Assess regulatory barriers and opportunities affecting life insurance and
pensions in this country;
- Analyze competition from retail life insurance companies.